Medifast Income Statement (Quarterly)

The table below shows the quarterly income statements for Medifast stock for the past 41 quarters.

Numbers in millions USD, except per-share numbers.

Quarter Ended	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31
Revenue	171	190	187	166	146	139	117	98.60	78.01	77.21	75.73	70.62	62.47	68.58	71.14	72.35	61.31	65.94	72.16	73.36	62.30	69.02	74.73	79.23	44.46	86.48	97.07	96.04	45.11	90.97	93.57	88.92	69.57	76.07	78.26	74.30	63.03	67.28	66.66	60.59	47.34
Revenue Growth (YoY)	17%	36.5%	59.48%	68.24%	86.96%	80.35%	54.93%	39.61%	24.88%	12.58%	6.44%	-2.38%	1.88%	4.01%	-1.41%	-1.39%	-1.59%	-4.46%	-3.44%	-7.41%	40.14%	-20.19%	-23.01%	-17.5%	-1.44%	-4.93%	3.74%	8.01%	-35.17%	19.59%	19.57%	19.69%	10.39%	13.06%	17.39%	22.63%	33.14%	-	-	-	-
Cost of Revenue	42.56	47.13	46.39	40.73	36.75	32.04	28.53	23.79	18.88	19.02	18.12	17.73	15.39	16.42	17.92	19.15	16.09	16.78	18.99	19.59	17.33	18.28	19.16	21.31	14.09	21.63	24.14	23.63	14.43	22.63	23.43	22.17	17.24	19.63	19.21	17.61	16.25	16.82	17.19	14.82	13.34
Gross Profit	128	143	141	125	109	107	88.80	74.81	59.13	58.18	57.61	52.89	47.08	52.16	53.23	53.19	45.22	49.16	53.17	53.77	44.98	50.73	55.57	57.92	30.37	64.85	72.93	72.41	30.68	68.34	70.14	66.76	52.33	56.44	59.04	56.68	46.78	50.46	49.47	45.77	34.00
Selling, General & Admin	109	123	113	100	89.29	89.73	71.69	60.13	49.64	47.96	46.30	44.28	40.47	43.21	48.20	46.93	39.68	41.19	44.50	47.26	40.79	44.14	45.71	48.31	18.53	57.50	62.29	63.83	23.20	59.41	65.54	60.62	50.82	49.73	49.98	46.58	41.64	41.41	40.21	37.57	29.87
Operating Expenses	109	123	113	100	89.29	89.73	71.69	60.13	49.64	47.96	46.30	44.28	40.47	43.21	48.20	46.93	39.68	41.19	44.50	47.26	40.79	44.14	45.71	48.31	18.53	57.50	62.29	63.83	23.20	59.41	65.54	60.62	50.82	49.73	49.98	46.58	41.64	41.41	40.21	37.57	29.87
Operating Income	18.71	20.26	27.36	24.72	19.80	17.47	17.11	14.68	9.49	10.23	11.31	8.61	6.61	8.95	5.02	6.27	5.53	7.98	8.66	6.51	4.18	6.59	9.86	9.61	11.84	7.35	10.64	8.58	7.48	8.93	4.60	6.14	1.51	6.71	9.06	10.10	5.14	9.05	9.26	8.20	4.13
Income Taxes	-0.90	4.68	6.40	4.27	4.52	4.05	3.49	2.71	2.49	3.69	3.86	2.57	2.55	2.95	1.70	2.10	2.04	2.71	2.98	2.38	1.58	2.23	3.48	3.39	3.12	2.21	3.81	2.78	3.11	1.77	2.69	2.34	0.29	1.73	3.20	3.92	1.77	3.33	3.67	3.31	1.70
Interest Income/Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.15
Other Expense/Income	-0.27	-0.32	-0.42	-0.31	-0.37	-0.36	-0.51	-0.25	-0.31	-0.14	-0.14	-0.10	-0.05	-0.06	-0.07	-0.09	-0.37	-0.24	-0.57	-0.31	5.97	-0.49	0.67	0.26	3.43	-0.53	-0.24	-0.13	2.50	-0.05	-0.90	-0.20	0.06	-0.09	-0.09	-0.18	-0.06	-0.03	0.05	-0.01	-0.01
Net Income	19.88	15.90	21.38	20.75	15.65	13.78	14.13	12.22	7.31	6.69	7.58	6.15	4.11	6.07	3.40	4.26	3.86	5.51	6.25	4.44	-3.36	4.86	5.72	5.97	5.29	5.67	7.07	5.93	1.87	7.21	2.81	3.99	1.17	5.07	5.94	6.36	3.42	5.75	5.54	4.90	2.44
Shares Outstanding	11.62	11.73	11.86	11.88	11.77	11.95	12.04	12.03	11.94	11.93	11.93	11.90	11.85	11.85	11.81	11.86	11.75	11.92	12.07	12.11	12.05	12.46	13.05	13.16	13.54	13.88	13.86	13.81	13.76	13.71	13.75	13.68	13.68	13.78	14.18	14.32	14.23	14.14	14.01	13.91	13.77
Shares Change (YoY)	-1.32%	-1.87%	-1.46%	-1.25%	-1.39%	0.2%	0.91%	1.08%	0.72%	0.69%	1%	0.33%	0.84%	-0.63%	-2.14%	-2.03%	-2.46%	-4.29%	-7.52%	-8%	-11.02%	-10.28%	-5.86%	-4.7%	-1.59%	1.31%	0.84%	0.97%	0.61%	-0.56%	-3.03%	-4.5%	-3.89%	-2.51%	1.15%	2.97%	3.31%	-	-	-	-
EPS (Basic)	1.71	1.36	1.80	1.75	1.33	1.15	1.17	1.02	0.61	0.56	0.64	0.52	0.35	0.51	0.29	0.36	0.33	0.46	0.51	0.36	-0.24	0.39	0.44	0.45	0.39	0.41	0.51	0.43	0.14	0.53	0.20	0.29	0.09	0.37	0.42	0.44	0.24	0.41	0.40	0.35	0.18
Earnings Per Share (EPS)	1.66	1.32	1.75	1.70	1.31	1.14	1.16	1.01	0.60	0.55	0.63	0.51	0.34	0.51	0.29	0.36	0.32	0.46	0.51	0.36	-0.24	0.39	0.44	0.45	0.39	0.41	0.51	0.43	0.14	0.52	0.20	0.29	0.09	0.36	0.41	0.44	0.24	0.39	0.38	0.33	0.17
EPS Growth (YoY)	26.72%	15.79%	50.86%	68.32%	118.33%	107.27%	84.13%	98.04%	76.47%	7.84%	117.24%	41.67%	6.25%	10.87%	-43.14%	0%	-	17.95%	15.91%	-20%	-	-4.88%	-13.73%	4.65%	178.57%	-21.15%	155%	48.28%	55.56%	44.44%	-51.22%	-34.09%	-62.5%	-7.69%	7.89%	33.33%	41.18%	-	-	-	-
FCF Per Share	1.58	1.33	1.01	2.38	1.16	0.49	1.65	1.39	0.77	0.93	1.13	0.53	-0.10	0.48	0.90	0.68	0.08	0.77	0.60	0.76	-0.16	0.57	0.30	0.72	0.41	0.24	0.71	0.89	-0.01	0.45	0.57	1.33	-0.21	-0.10	0.66	1.09	-0.18	0.32	0.22	0.83	-0.10
Dividend Per Share	1.13	0.75	0.75	0.75	0.75	0.48	0.48	0.48	0.48	0.32	0.32	0.32	0.32	0.25	0.25	0.25	0.25	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividend Growth (YoY)	50.67%	56.25%	56.25%	56.25%	56.25%	50%	50%	50%	50%	28%	28%	28%	28%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	75.1%	75.2%	75.2%	75.4%	74.8%	77%	75.7%	75.9%	75.8%	75.4%	76.1%	74.9%	75.4%	76.1%	74.8%	73.5%	73.8%	74.6%	73.7%	73.3%	72.2%	73.5%	74.4%	73.1%	68.3%	75%	75.1%	75.4%	68%	75.1%	75%	75.1%	75.2%	74.2%	75.4%	76.3%	74.2%	75%	74.2%	75.5%	71.8%
Operating Margin	11.0%	10.7%	14.6%	14.9%	13.6%	12.5%	14.6%	14.9%	12.2%	13.2%	14.9%	12.2%	10.6%	13.1%	7.1%	8.7%	9.0%	12.1%	12.0%	8.9%	6.7%	9.5%	13.2%	12.1%	26.6%	8.5%	11.0%	8.9%	16.6%	9.8%	4.9%	6.9%	2.2%	8.8%	11.6%	13.6%	8.1%	13.4%	13.9%	13.5%	8.7%
Profit Margin	11.7%	8.4%	11.4%	12.5%	10.7%	9.9%	12%	12.4%	9.4%	8.7%	10%	8.7%	6.6%	8.8%	4.8%	5.9%	6.3%	8.4%	8.7%	6.1%	-5.4%	7%	7.7%	7.5%	11.9%	6.6%	7.3%	6.2%	4.1%	7.9%	3%	4.5%	1.7%	6.7%	7.6%	8.6%	5.4%	8.5%	8.3%	8.1%	5.2%
FCF Margin	10.7%	8.2%	6.4%	17.1%	9.4%	4.2%	17.0%	17.0%	11.7%	14.4%	17.8%	8.9%	-1.8%	8.3%	14.9%	11.1%	1.5%	14.0%	10.1%	12.5%	-3.1%	10.2%	5.3%	11.9%	12.4%	3.8%	10.2%	12.7%	-0.3%	6.8%	8.4%	20.5%	-4.2%	-1.9%	11.9%	21.1%	-4.0%	6.8%	4.7%	19.0%	-3.0%
EBITDA	20.24	21.79	28.87	26.09	21.09	18.66	18.76	16.48	10.80	11.46	12.49	9.79	7.85	10.23	6.48	7.97	7.59	9.95	11.04	8.70	0.29	8.99	11.23	11.38	8.40	10.57	13.47	11.34	5.14	12.01	8.31	8.71	4.01	8.93	11.16	11.93	6.75	10.57	10.62	9.61	5.72
EBITDA Margin	11.9%	11.5%	15.4%	15.7%	14.5%	13.4%	16%	16.7%	13.8%	14.8%	16.5%	13.9%	12.6%	14.9%	9.1%	11%	12.4%	15.1%	15.3%	11.9%	0.5%	13%	15%	14.4%	18.9%	12.2%	13.9%	11.8%	11.4%	13.2%	8.9%	9.8%	5.8%	11.7%	14.3%	16.1%	10.7%	15.7%	15.9%	15.9%	12.1%
EBIT	18.98	20.58	27.78	25.02	20.17	17.83	17.62	14.93	9.80	10.37	11.45	8.71	6.66	9.01	5.09	6.36	5.90	8.21	9.23	6.82	-1.78	7.08	9.20	9.35	8.41	7.88	10.88	8.71	4.98	8.98	5.50	6.33	1.45	6.80	9.14	10.28	5.19	9.08	9.20	8.21	4.29
EBIT Margin	11.1%	10.8%	14.8%	15.1%	13.8%	12.8%	15.0%	15.1%	12.6%	13.4%	15.1%	12.3%	10.7%	13.1%	7.2%	8.8%	9.6%	12.5%	12.8%	9.3%	-2.9%	10.3%	12.3%	11.8%	18.9%	9.1%	11.2%	9.1%	11.0%	9.9%	5.9%	7.1%	2.1%	8.9%	11.7%	13.8%	8.2%	13.5%	13.8%	13.6%	9.1%